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| Money Talk$ "Discussions about Personal Finance, Business, Economics, etc." |
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04-29-2012, 10:15 AM
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Banned
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Join Date: Jun 2000
Location: Everett, WA USA
Posts: 11,414
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Monopoly games
Say you give a MONOPOLY GAME to your kids. After awhile they say they want to change the rules to fit modern conditions. You reply, "Fine. keep the noise down." To them, it is a serious game. To you, it is only a game. You don't have a stake in that game.
I think that situation well describes the USA. The people who call themselves "middle class" are living in a monopoly game and worry about the rules thus the arguments over Supreme Court Decisions and legislation. Will our parents take away our freedom to play our game? We must change the rules of the game.
Our parents, the 1% and their multi-national corporations, own or control everything worth owning and controlling and no longer have a stake in OUR game. They hardly know we exist and don't care what we do. It can't effect them.
There is no point to us worrying about gold vs fiat money. Our money is now play money and "we" don't own enough gold to make a difference in anything. Gold has little value to our parents because it has very few industrial uses. If everyone all of a sudden wanted to use rare earth metals as jewelry and paper weights, THEN the stuff would hit the fan.
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06-29-2012, 09:44 AM
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7,000 Posts Club
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Join Date: Feb 2008
Location: Michigan
Posts: 7,892
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Quote:
Originally Posted by billwald
Say you give a MONOPOLY GAME to your kids. After awhile they say they want to change the rules to fit modern conditions.
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So what does this mean?
Your kids wanted to buy properties with nothing down and take a 120% of value mortgage on the properties?
They wanted the government to subsidize their mortgages?
They wanted to not pay the rent due to others but still stay on the property?
What are you talking about?
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06-30-2012, 11:09 AM
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4,000 Posts Club
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Join Date: Dec 2010
Location: Minneapolis, MN
Posts: 4,854
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Quote:
Originally Posted by billwald
Gold has little value to our parents because it has very few industrial uses.
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Hey, thanks for the laugh.
[Pssst....integrated circuits use gold. There are a few integrated circuits, i.e. chips, in the world. Just a few.]
__________________
Preach the Gospel at all times. If necessary, use words.
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06-30-2012, 12:36 PM
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2,000 Posts Club
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Join Date: Nov 2004
Location: Nashville, TN
Posts: 2,867
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Quote:
Originally Posted by InTheLight
Hey, thanks for the laugh.
[Pssst....integrated circuits use gold. There are a few integrated circuits, i.e. chips, in the world. Just a few.]
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If you should come across some bad chips, there's a good remedy fer dem: Three Bean Dip!!  (It'll cover a multitude of sins, don't cha know!!) ROTFL!! 
__________________
"This I recall to my mind, therefore have I hope. It is of the LORD's mercies that we are not consumed, because his compassions fail not. They are new every morning: great is thy faithfulness."
--Lamentations 3:21-23
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07-01-2012, 08:31 PM
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Administrator
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Join Date: Dec 2000
Location: Belmont, America (NC)
Posts: 16,961
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I think it has to do with..who really carries cash?
__________________
You are the God of this city; You are the King of this people; You are the Lord of this nation; You are. You are the light in this darkness; You are the hope to the hopeless. You are the peace to the restless. You are. There is no one like our God. There is no one like our God. Greater things are yet to come. Greater things are still to be done. In this City. We believe in you, God.
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07-15-2012, 07:57 AM
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10,000 Posts Club
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Join Date: Jan 2006
Location: Lone Oak, KY
Posts: 11,903
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Quote:
Originally Posted by billwald
Gold has little value to our parents because it has very few industrial uses. If everyone all of a sudden wanted to use rare earth metals as jewelry and paper weights, THEN the stuff would hit the fan.
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If you have some of that worthless gold or other rare metals laying around you want taken off your hands, please ship it to me. I will give you my address in a PM and will even pay shipping.
__________________
God is working His purpose out as year succeeds to year
God is working His purpose out and the time is drawing near
Yet nearer and nearer draws the time, the time that shall surely be
When the earth shall be filled with the glory of God as the waters cover the sea
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07-16-2012, 09:30 PM
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Banned
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Join Date: Jun 2000
Location: Everett, WA USA
Posts: 11,414
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Anyone know why platinum is so low compared to gold?
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07-21-2012, 09:21 PM
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10,000 Posts Club
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Join Date: Jan 2006
Location: Lone Oak, KY
Posts: 11,903
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Quote:
Originally Posted by billwald
Anyone know why platinum is so low compared to gold?
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No, but Kryptonite is worth millions to Lex Luthor.
__________________
God is working His purpose out as year succeeds to year
God is working His purpose out and the time is drawing near
Yet nearer and nearer draws the time, the time that shall surely be
When the earth shall be filled with the glory of God as the waters cover the sea
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